EBAY » Topics » Outlook

This excerpt taken from the EBAY 10-K filed Feb 17, 2010.

Outlook

We are cautiously optimistic about the current economic environment for fiscal 2010. We will continue to focus on driving operational efficiencies designed to enable us to reallocate resources into strategies and initiatives that we believe will directly benefit our customers and increase activity on our platforms.

In 2010, we plan to continue our emphasis on becoming a more customer-focused and technology driven company with clear priorities for our Marketplaces and Payments businesses.

The 2010 strategy for our Marketplaces business is to make more progress in trust, value and selection by:

 

   

Offering buyers great experiences they can trust;

 

   

Providing innovative shopping experiences that deliver great value and selection; and

 

   

Providing tools and pricing to make eBay more attractive to entrepreneurial sellers, casual consumer sellers and large sellers.

The 2010 strategy for our Payments business is to strengthen and expand its position as a leader in on-line payments by:

 

   

Growing our Merchant Services business through merchant acquisition and increased consumer preference as we expand our global footprint;

 

   

Continuing to penetrate the eBay Marketplace, especially internationally; and

 

   

Launching new products and accelerating innovation off our platform.

This excerpt taken from the EBAY 10-Q filed Apr 28, 2009.

Outlook

We expect revenues and net income in the second quarter of 2009 to continue to be impacted by weak consumer spending, along with the negative impact resulting from foreign exchange and lower interest rates, both of which will continue to have a significant impact on our businesses. Consistent with recent trends, we assume that the declines in GMV and TPV will remain stable with Q1 2009 levels, excluding the impact of foreign currency fluctuations. In addition, with respect to our Marketplaces segment, we expect our take rate will decline as more sellers qualify for discounts. We also expect advertising to be softer in light of recent trends.

These excerpts taken from the EBAY 10-K filed Feb 20, 2009.
Outlook
 
The current uncertain economic environment and volatile foreign currency exchange rates make it difficult to identify trends likely to impact our financial results beyond the first quarter of 2009. We expect revenues and net


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income in the first quarter of 2009 to be lower than the first quarter of 2008 due primarily to the effect of an anticipated stronger U.S. dollar as well as the negative impact of the economic environment on consumer spending and the challenges associated with reaccelerating growth of GMV in our Marketplaces core business. Although the current economic environment makes it difficult to predict the impact on individual types of expenses, we expect that cost controls, including our previously-announced restructuring that impacts our employee related operating expenses, will partially offset the negative effects of an anticipated year-over-year decline in revenues and our expected investments in our higher growth businesses such as Payments, Classifieds and Communications. We also expect diluted earnings per share will be negatively impacted by lower interest rates and from dilution resulting from recent acquisitions.
 
Outlook


 



The current uncertain economic environment and volatile foreign
currency exchange rates make it difficult to identify trends
likely to impact our financial results beyond the first quarter
of 2009. We expect revenues and net





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Table of Contents






income in the first quarter of 2009 to be lower than the first
quarter of 2008 due primarily to the effect of an anticipated
stronger U.S. dollar as well as the negative impact of the
economic environment on consumer spending and the challenges
associated with reaccelerating growth of GMV in our Marketplaces
core business. Although the current economic environment makes
it difficult to predict the impact on individual types of
expenses, we expect that cost controls, including our
previously-announced restructuring that impacts our employee
related operating expenses, will partially offset the negative
effects of an anticipated year-over-year decline in revenues and
our expected investments in our higher growth businesses such as
Payments, Classifieds and Communications. We also expect diluted
earnings per share will be negatively impacted by lower interest
rates and from dilution resulting from recent acquisitions.


 




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